Nabil Mourad Purchases Industrial Asset In Chatsworth For $1,445,000 With Broker Team Spectrum Commercial Real Estate
20908 Itasca Street
$1,445,000
$410/SF
Building Size
3,520 SF
Asset Type
Industrial
Closing
May 4, 2026
AI
The asset involved in this closed transaction is an industrial property located at 20908 Itasca Street in the Chatsworth market. The property was sold for a total price of $1,445,000 and has a square footage of 3,520, translating to a price per square foot of $410.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,445,000
- Address: 20908 Itasca Street
- Market: Chatsworth
- Square Footage: 3,520
- Price Per Square Foot: $410
- Buyer: Nabil Mourad
- Seller: Dennys Fidel Ayala
- Buyer's Representative: Corey Breit, Ron Kassan & Arthur Minassian - Spectrum Commercial Real Estate
- Seller's Representative: Joshua Cohan - Marcus & Millichap
The transaction was facilitated by a collaborative effort among the buyer's representatives from Spectrum Commercial Real Estate and the seller's representative from Marcus & Millichap, reflecting the engagement of multiple professionals in the deal.
Players
Chatsworth Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.98%
Cash-on-Cash
-3.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93